Under Armour, Inc. (NYSE:UAA) Stock Rated “Reduce” by Wall Street Analysts

Shares of Under Armour, Inc. (NYSE:UAA) have been assigned a consensus rating of “Reduce” from the fifteen analysts that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $5.77.

Several analysts have recently weighed in on the stock. UBS Group set a $9.00 price objective on shares of Under Armour and gave the company a “buy” rating in a research note on Monday, August 10th. Morgan Stanley set a $4.00 price objective on shares of Under Armour and gave the company an “equal weight” rating in a report on Thursday, September 10th. Barclays cut shares of Under Armour from an “equal weight” rating to an “underweight” rating and set a $5.00 price objective on the stock. in a research report on Tuesday, August 11th. Weiss Ratings raised shares of Under Armour from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Finally, Truist Financial raised their target price on Under Armour from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Monday, August 10th.

Under Armour Price Performance

Shares of UAA opened at $4.67 on Thursday. Under Armour has a 1 year low of $4.13 and a 1 year high of $8.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 0.96. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 32.53, a price-to-earnings-growth ratio of 1.84 and a beta of 1.62. The business has a 50-day moving average of $4.93 and a 200-day moving average of $5.74.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.02 earnings per share. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS. As a group, equities research analysts anticipate that Under Armour will post 0.10 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Reza Taleghani purchased 18,656 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $5.37 per share, with a total value of $100,182.72. Following the purchase, the chief financial officer owned 87,621 shares in the company, valued at $470,524.77. This represents a 27.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 15.70% of the company’s stock.

Institutional Investors Weigh In On Under Armour

A number of hedge funds have recently added to or reduced their stakes in UAA. Versant Capital Management Inc increased its holdings in shares of Under Armour by 94.1% during the third quarter. Versant Capital Management Inc now owns 6,155 shares of the company’s stock valued at $27,000 after acquiring an additional 2,984 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Under Armour by 134.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,061 shares of the company’s stock worth $31,000 after purchasing an additional 4,050 shares in the last quarter. Fortitude Family Office LLC increased its stake in Under Armour by 2,744.0% during the 3rd quarter. Fortitude Family Office LLC now owns 7,821 shares of the company’s stock valued at $35,000 after purchasing an additional 7,546 shares in the last quarter. Formidable Asset Management LLC acquired a new position in Under Armour during the first quarter worth $67,000. Finally, Diversify Wealth Management LLC acquired a new position in Under Armour during the first quarter worth $76,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc develops, markets and distributes performance apparel, footwear and accessories under the Under Armour brand. Its products are designed for athletes and active consumers and include training and competition apparel, sports bras, outerwear, athletic shoes, bags, headwear and other accessories. The company’s product technologies include fabric and footwear platforms such as HeatGear, ColdGear, HOVR and UA Flow.

Under Armour sells its products through wholesale distributors and retailers, as well as through its own brand and factory stores and digital commerce platforms.